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Convergent Broadcasting (WSEM-AM, WGMK-FM, WBBK-AM, WBBK-FM)

M&A STATUS
Asset Purch. LATEST DEAL TYPE
2 FINANCING ROUNDS
Description

Owner and operator of radio stations. The acquired radio stations follow a format of urban adult contemporary music, news talk information, and old music, and are broadcasted at different frequencies, 93.1 FM (WBBK-FM), 1260 AM (WBBK-AM), 1500 AM (WSEM-AM), and 106.3 FM (WGMK-FM). The radio stations serve the Donalsonville and Blakely, Georgia market,

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Broadcasting, Radio and Television
Acquirer
Magic Broadcasting
Primary Office
  • P.O. Box 889
  • Dothan, AL
  • United States

+1 (334) 000-0000

Convergent Broadcasting (WSEM-AM, WGMK-FM, WBBK-AM, WBBK-FM) Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Convergent Broadcasting (WSEM-AM, WGMK-FM, WBBK-AM, WBBK-FM) Former Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Convergent Broadcasting (WSEM-AM, WGMK-FM, WBBK-AM, WBBK-FM) Executive Team (1)

Name Title Board
Seat
Contact
Info
Thomas DiBacco Managing Member